Equity Insider News Commentary
Issued on behalf of Scope Technologies Corp.
VANCOUVER, BC, March 18, 2025 /CNW/ -- Equity Insider News Commentary – Whether quantum computing becomes a commercial reality in the near future or remains years away, the threat it poses to current encryption methods is undeniable, making quantum security a growing priority. A recent McKinsey report highlights the rapid expansion of quantum computing investments, emphasizing the critical need for post-quantum cryptography to safeguard sensitive data. Analysts project the quantum communication market to grow at a 23-25% CAGR, reaching $14.9 billion by 2035, with post-quantum cryptography making up $2.4 billion to $3.4 billion of that total. As a result, investors are increasingly focusing on both quantum computing developers and the companies working to protect against its risks, including Scope Technologies Corp. (CNSX:SCPE.CN) (OTC-BB:SCPCF), Palo Alto Networks (NYSE:PANW), Alphabet, Inc. (Google) (NASDAQ: GOOG, GOOGL), Cisco Systems (CSCO), and WISeKey International Holding AG (NASDAQ:WKEY).
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